Quiz 2 Course 201820 Spring 2018 BMAL 604-B01 LUO.docx -...

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Test Quiz 2 - Course 201820 Spring 2018 BMAL 604-B01 LUO Status Completed Question 1 Governments may attempt to restrict trade with other countries especially in circumstances of (___________) or excessive currency outflows.
Question 2 World Trade Organization (WTO) allows for a minimum level of property rights to provide its members with a global standard of protection.
Question 3 Merchandise of every description may be held in the Foreign Trade Zone but is subject to customs duties and other ad valorem taxes.
Question 4 Nationalism converts ownership from (________) to (___________) control.
Question 5 Governments design (_________), which they normally impose as a (________) percentage of the value of imports, to discriminate against selected imports by raising the price of imports relative to domestic prices for the same products.
Question 6

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